F&G Annuities & Life Prices Junior Subordinated Notes Offering

Core Viewpoint - F&G Annuities & Life, Inc. has announced a public offering of $375 million in junior subordinated notes with a 7.300% interest rate, maturing in 2065, expected to close on January 13, 2025, pending customary closing conditions [1]. Group 1: Offering Details - The offering consists of $375 million aggregate principal amount of 7.300% junior subordinated notes due 2065 [1]. - The net proceeds from the offering will be used for general corporate purposes, including the repurchase, redemption, or repayment of outstanding indebtedness [2]. - The offering is being managed by Wells Fargo Securities, BofA Securities, J.P. Morgan Securities, Morgan Stanley, and RBC Capital Markets as joint book-running managers [2]. Group 2: Regulatory Information - The public offering is made under a registration statement filed with the U.S. Securities and Exchange Commission (SEC) [3]. - Copies of the registration statement and prospectus can be accessed through the SEC's website or obtained from the managing banks [3]. Group 3: Company Overview - F&G is a leading provider of insurance solutions, serving retail annuity and life customers as well as institutional clients, and is headquartered in Des Moines, Iowa [5].